Ditto,

Thanks to Chartboy's posts, I bought Conner's book and came up with these.  I really like it when it is simple.  May be too simple for some, but when you run it with all the others in the book (RSI-2), the buy signals all trigger within days of one another.

This is what I learned in this forum and it seems very close to a buy.  A few more days will tell. Steve, let me know if i got the rules right! :)

If you bought at the close, you are making money in after hours.  We will see what tomorrow brings if the politicans get their act together.  Betting nothing happens until the weekend.  Probably another down day tomorrow and a possible S and P downgrade.

Great video, especially where the bonds tank and the leveraged DOW does real good.

Thanks Tumbler!  Downlooads to Excel perfectly. Didn't you have a sheet that had options on the 3rd and 4th entry only or something where you mixed the SPY with leverage?

Been following Tumbler's spread sheets so I got my 10 contracts Sep SPY Options 1 minute before the close. I had bought some SSO the day prior based on RSI 2. Hopefully we will get another signal before we are off to the races.  The intersting thing is if we do get a debt deal, does the market take off or does it "sell the news'? Not to worry,, since it is a mechanical system.  It is what is! Guilt free fun!

Now up 5.49%. DOn;t you wish it was always this easy? :)

This was featured in a newsletter awhile back.  Been tracking it and pounced yesterday.  Up about 4% today.  Pretty simple system and easy to scan too.

Not to worry, way outside the range....

Thanks Matt.  You really said it:  IT IS WHAT IS."  Standing by.

Update

Nice move yesterday

Do we have any experts in writing or entering a scan in the members portion of stockcharts.com? I am a novice at this and trying to do a scan for RSI 2 below 25 on a daily basis.  Any suggestions approciated!

Everytime a politican speaks (incl. Bernake) the market goes down.  Enough already. :)

tumbler, appreciate this update.  It was a great run.